Country residential tax changes leap over final hurdle
A proposal to slowly lower residential taxes for properties across the river through money generated from new builds in the area has received a final stamp of approval.
The new tax scheme will see a lowering of the mill rate on properties around Nordale and around the airport to match that of the RM of Buckland. The current 27 per cent difference is said to be driving people out and thwarting construction.
For example, on a $315,680 property, a city tax bill would be $2,916.50, while the Buckland rate would be only $1,922.49.
Previously, the proposal would have required the sale of around 40 properties to depress the taxation level to match the RM.